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Michael Cooney

๐Ÿ‘ค Speaker
395 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

This is one area where we do feel pressure from well-funded companies.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And I'll show you an example of that in a bit.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So let's dive into the problem.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So by living the problem,

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

What this enabled us to do is not only develop a great product, but it's also enabled us to develop the messaging.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

When we're talking messaging, we're talking to our target market.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

We know what they're feeling.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

We can position the product to solve the problem very nicely.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So that's allowed us to grow 60% year on year since we started.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

The other thing I've got here is avoid shiny objects.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So once you start a product and you get customers, what you're going to find is everybody's got ideas.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And you have agencies come to you and they say, sorry, I'm not very good at a mic.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

You'll have agencies come to you and say, hey, we need you to develop this feature.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And if you do, you'll grow 10x.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And you get lots of these, lots of suggestions.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And you have to have a framework on, like, how are you going to avoid these shiny objects?

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So we call this our 100-year test.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Can I go back?

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

There we go.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Okay.